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0 1 2 3 4 5 6 7 8 9
/10

COREX MARKET

United Arab Emirates United Arab Emirates | 2-5 years |
ECN Account Questionable Regulatory License | cTrader | Suspicious Operational Region | High Potential Risk

https://corexmarket.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

Turkey Turkey 2.51
Surpassed 15.60% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://corexmarket.com/
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
United Arab Emirates
Operating Period
2-5 years
Company Name
Corex financing broker LLC.
Email
info@corexmarket.com
Account Info
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • corexmarket.com
    91.107.180.232
    Server Location
    Germany Germany
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Corex Market Review Summary
Founded2023
Registered Country/RegionUnited Arab Emirates
RegulationNo regulation
Market InstrumentsForex, Commodities, Indices, Cryptocurrencies, Stocks
Demo Account/
LeverageUp to 1:100
SpreadFrom 1.5 pips (Standard Account)
Trading PlatformcTrader
Minimum Deposit$100
Customer SupportPhone: +9711000000
Email: support@corexmarket.com, info@corexmarket.com

Corex Market Information

Corex Market was founded in 2023 and is based in the United Arab Emirates, offering a variety of trading instruments including forex, cryptocurrencies, energies, indices, and shares. The platform supports up to 1:100 leverage with a minimum deposit of $100 and uses the cTrader trading platform. However, it has no regulation and support for crypto-only deposits and withdrawals.

Corex Market Information

Pros and Cons

ProsCons
Various trading instrumentsNo regulation
Four types of trading accountsSupport for crypto-only deposits and withdrawals

Is Corex Market Legit ?

Corex Market is unregulated currently. Please be aware of the risk!

license

Its domain corexmarket.com was registered on August 26, 2023, and is set to expire on August 26, 2033.

domain

What Can I Trade on Corex Market?

Corex Market offers several types of trading instruments: forex, cryptocurrencies, energies, indices, and shares.

Tradable InstrumentsSupported
Forex
Cryptocurrencies
Energies
Indices
Shares
Other Commodities
Bonds
Options
ETFs
assets

Account Type & Fees

Corex Market offers four types of trading accounts: Standard, ECN, ECN PRO, and VIP.

Account TypeStandardECNECN PROVIP
Minimum Deposit$100$300$500$10,000
Maximum Leverage1:100
Spread from1.5 pips1 pip0.1 pips
Commission $0$7/lot$5/lot
Account Type

Leverage

Corex Market offers a maximum leverage of 1:100 across all its account types. Traders need to consider carefully before investing, because high leverage is likely to bring high potential risks.

Trading Platform

Corex Market offers the cTrader trading platform, featuring different versions to meet the needs of various traders.

Trading PlatformSupportedAvailable DevicesSuitable for
cTraderPC, web, mobileExperienced traders
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

The minimum deposit at Corex Market is $100. All deposits and withdrawals are processed through cryptocurrencies, mainly USDT (Tether) via the TRC20 (TRX) network. To deposit, users log in to their client area, go to the “Funds” section, select “Deposit,” choose a crypto method like USDT-TRX, enter the amount, and send the payment from a personal crypto wallet (Trust Wallet is recommended).

For withdrawals, users must first transfer funds from their trading account to their fiat wallet, then select “Withdraw,” enter the amount and a compatible wallet address, and confirm the request. Corex Market does not support bank transfers or card payments. Only crypto is accepted.

Deposit and Withdrawal
Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • cTrader
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

What is the regulatory status and risk profile of COREX MARKET?

COREX MARKET operates as Corex financing broker LLC from the United Arab Emirates and, according to the WikiFX assessment, holds no valid licenses from recognized financial authorities for forex trading, presenting a significant lack of regulatory oversight and a high-risk profile.

04-02
United States

Is COREX MARKET suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose COREX MARKET or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with COREX MARKET?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

Bagaimana cara menghitung skor WikiFX?

Skor WikiFX dihitung menggunakan model evaluasi multidimensi yang mencakup indeks regulasi, indeks lisensi regulasi, indeks kapasitas operasional, indeks manajemen risiko, serta indeks teknologi platform trading. Skala skor berkisar antara 0 hingga 10 poin dan diperbarui secara berkala berdasarkan perubahan regulasi dan data operasional terbaru.

Three days ago

Bagaimana cara menentukan apakah broker teregulasi?

Untuk menentukan apakah broker teregulasi, hal utama yang perlu dilakukan adalah memverifikasi apakah broker tersebut memiliki lisensi keuangan yang valid. Investor dapat memeriksa nomor lisensi dan statusnya melalui situs resmi regulator seperti Financial Conduct Authority (FCA) atau Australian Securities and Investments Commission (ASIC) untuk memastikan keasliannya. Perlu diperhatikan bahwa beberapa broker mungkin menggunakan lisensi pihak lain atau beroperasi di luar yurisdiksi yang diizinkan, yang juga mengandung risiko. Berdasarkan data WikiFX, status regulasi, riwayat operasional, dan skor risiko dapat digunakan sebagai referensi tambahan.

Three days ago

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

Three days ago

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Three days ago
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